Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.25 is in line with its 5-year average of 2.08, near the high end of its 5-year range (1.62–2.47).
As of the fiscal period ended Tuesday, June 30, 2026. 2.09% below its 12-month average of 2.30.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.25
QUICK RATIO (ACID-TEST) AVG TTM
2.30
QUICK RATIO (ACID-TEST) AVG 3Y
2.22
QUICK RATIO (ACID-TEST) AVG 5Y
2.08
QUICK RATIO (ACID-TEST) AVG 10Y
1.98
QUICK RATIO (ACID-TEST) AVG 15Y
1.99
QUICK RATIO (ACID-TEST) AVG 20Y
2.03
CURRENT VS TTM AVG
-2.09%
CURRENT VS 3Y AVG
+1.36%
CURRENT VS 5Y AVG
+7.93%
CURRENT VS 10Y AVG
+13.62%
CURRENT VS 15Y AVG
+13.33%
CURRENT VS 20Y AVG
+10.72%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+41.52%
vs the sector median at left
Taiwan Semiconductor Manufacturing Company Limited
Market Cap
$2.28T
Quick Ratio (Acid-Test)
2.25
TTM Avg
2.30
3Y Avg
2.22
5Y Avg
2.08
Market Cap
$1.13T
Quick Ratio (Acid-Test)
2.98
TTM Avg
1.73
3Y Avg
2.04
5Y Avg
2.07
Market Cap
$3.67T
Quick Ratio (Acid-Test)
1.22
TTM Avg
1.29
3Y Avg
1.40
5Y Avg
1.57
Market Cap
$824.66B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.92
3Y Avg
1.87
5Y Avg
1.81
Market Cap
$680.20B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.87
3Y Avg
0.88
5Y Avg
1.04
Market Cap
$468.13B
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.94
3Y Avg
0.87
5Y Avg
1.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.28T | 2.25 | 2.30 | 2.22 | 2.08 |
| Broadcom Inc. (AVGO)vs › | $1.75T | 2.29 | 1.33 | 1.74 | 2.00 |
| SK hynix Inc. (SKHY)vs › | $1.32T | 15.52 | 1.32 | 1.03 | 1.08 |
| Micron Technology, Inc. (MU)vs › | $1.13T | 2.98 | 1.73 | 2.04 | 2.07 |
| Microsoft Corporation (MSFT)vs › | $3.67T | 1.22 | 1.29 | 1.40 | 1.57 |
| Advanced Micro Devices, Inc. (AMD)vs › | $824.66B | 1.91 | 1.92 | 1.87 | 1.81 |
| ASML Holding N.V. (ASML)vs › | $680.20B | 0.80 | 0.87 | 0.88 | 1.04 |
| Intel Corp. (INTC)vs › | $526.95B | 1.25 | 1.31 | 1.23 | 1.34 |
| Oracle Corporation (ORCL)vs › | $468.13B | 1.12 | 0.94 | 0.87 | 1.23 |
| Cisco Systems, Inc. (CSCO)vs › | $430.29B | 0.79 | 0.85 | 0.95 | 1.09 |
Quick Ratio
2.25
Excludes inventory
Current Ratio
2.46
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 2.25 |
| 2026-03-31 | 2.31 |
| 2025-12-31 | 2.32 |
| 2025-09-30 | 2.47 |
| 2025-06-30 | 2.15 |
| 2025-03-31 | 2.18 |
| 2024-12-31 | 2.14 |
| 2024-09-30 | 2.30 |
| 2024-06-30 | 2.21 |
| 2024-03-31 | 2.13 |
| 2023-12-31 | 2.06 |
| 2023-09-30 | 1.88 |
| 2023-06-30 | 2.13 |
| 2023-03-31 | 2.04 |
| 2022-12-31 | 1.86 |
| 2022-09-30 | 2.22 |
| 2022-06-30 | 2.00 |
| 2022-03-31 | 1.85 |
| 2021-12-31 | 1.86 |
| 2021-09-30 | 1.81 |
| 2021-06-30 | 1.62 |
| 2021-03-31 | 1.49 |
| 2020-12-31 | 1.51 |
| 2020-09-30 | 1.56 |
| 2020-06-30 | 1.26 |
| 2020-03-31 | 1.23 |
| 2019-12-31 | 1.24 |
| 2019-09-30 | 1.52 |
| 2019-06-30 | 1.45 |
| 2019-03-31 | 2.33 |
| 2018-12-31 | 2.38 |
| 2018-09-30 | 2.34 |
| 2018-06-30 | 1.86 |
| 2018-03-31 | 2.47 |
| 2017-12-31 | 2.02 |
| 2017-09-30 | 2.11 |
| 2017-06-30 | 1.48 |
| 2017-03-31 | 2.41 |
| 2016-12-31 | 2.21 |
| 2016-09-30 | 2.55 |
| 2016-06-30 | 1.99 |
| 2016-03-31 | 3.20 |
| 2015-12-31 | 2.83 |
| 2015-09-30 | 3.12 |
| 2015-06-30 | 2.15 |
| 2015-03-31 | 3.34 |
| 2014-12-31 | 2.49 |
| 2014-09-30 | 2.39 |
| 2014-06-30 | 1.66 |
| 2014-03-31 | 1.79 |
| 2013-12-31 | 1.57 |
| 2013-09-30 | 2.03 |
| 2013-06-30 | 1.29 |
| 2013-03-31 | 1.64 |
| 2012-12-31 | 1.34 |
| 2012-09-30 | 1.78 |
| 2012-06-30 | 1.18 |
| 2012-03-31 | 1.90 |
| 2011-12-31 | 1.60 |
| 2011-09-30 | 1.58 |
| 2011-06-30 | 1.03 |
| 2011-03-31 | 1.72 |
| 2010-12-31 | 1.89 |
| 2010-09-30 | 2.01 |
| 2010-06-30 | 1.57 |
| 2010-03-31 | 3.11 |
| 2009-12-31 | 3.02 |
| 2009-09-30 | 4.09 |
| 2009-06-30 | 2.24 |
| 2009-03-31 | 5.59 |
| 2008-12-31 | 4.19 |
| 2008-09-30 | 3.39 |
| 2008-06-30 | 1.46 |
| 2008-03-31 | 4.18 |
| 2007-12-31 | 4.64 |
| 2007-09-30 | 4.43 |
| 2007-06-30 | 2.12 |
| 2007-03-31 | 5.85 |
| 2006-12-31 | 2.35 |
| 2006-09-30 | 3.75 |
| 2006-06-30 | 2.35 |
| 2006-03-31 | 5.84 |
| 2005-12-31 | 5.54 |
| 2005-09-30 | 3.50 |
| 2005-06-30 | 1.93 |
| 2005-03-31 | 3.86 |
| 2004-12-31 | 2.64 |
| 2004-09-30 | 3.73 |
| 2004-06-30 | 3.30 |
| 2004-03-31 | 4.32 |
| 2003-12-31 | 4.96 |
| 2003-09-30 | 4.54 |
| 2003-06-30 | 3.48 |
| 2003-03-31 | 4.56 |
| 2002-12-31 | 2.26 |
| 2002-09-30 | 0.00 |